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and comprehensive response to the financial crisis, an event that devastated the american economy, cost the american people trying to dollars and millions of jobs and undermine the confidence in our financial system requires if it is to drive and support a growing economy. the sweeping scope of this financial reform legislation sometimes it secures the fact that despite its breath, and is rooted in the handful of sound principles that should have been more firmly in place before the crisis in his embrace serves to make markets more stable and efficient. simple principles, like markets should be transparent, regulation should be consistent without gaps that can be exploited by those who wish to indulge in risky, destabilizing or even illegal behavior. market participants, not taxpayer should read the risk market activities and regulator should have willingness in both the need to apply these principles to the day-to-day workings of the financial markets. the dodd-frank actress at a principles into the foundation for effective regulation. interestingly, the title of the historic legislation seems to s
to start the day. i mean, one of the great entrepreneurs of the american economy, steve case, who not only has such incredible impact with aol, but now with revolution is funding and helping to develop a whole range of companies in a variety of industries. meanwhile, living in the washington area has gotten incredibly involved in trying to help the u.s. government think more intelligently about competitiveness and entrepreneurship in particular. then josh linkner, a local star here who runs detroit venture partners as i'm sure many of you know, if you're from detroit, you certainly know that, a supporter of this event which we're very grateful for, and i think symbolic of the incredible new energy that's developing in detroit. and i should also say that josh created a company calls eprize in 1999 here in detroit. it's been operating all this time. two weeks ago it sold for a nice exit. [applause] so here's the story of a local company that came from here, went all the way and, you know, he's done real well with that. meanwhile, he's invested in a ton of other companies. so i just want to s
better if we intend to compete in the global economy. last year, i traveled to china, and i visited several universities. the gnarl investment -- national investment in these universities, research facilities, and higher education is something to behold. over the last 30 years, china has had a 58-fold increase in spending in education, health, and social investments. according to o report from the center for american progress, by 2030, china will have more than 200 million college graduates, more than the entire u.s. work force. in five years, india will be producing five times as many college graduates as the united states. these are the facts that drive the decisions we must make as we position penn state to succeed in the future. part of that strategic planning requires getting out and staying out in front of the information technology revolution, which has been among the most significant drivers of educational change in the last 15-20 years. it's also been like a run away train. one response to the higher education funding crisis has been increased appeals, especially from legis
believe that the tax cuts for the wealthy stimulate the economy? dold: i believe keeping tax rates low are going to be helpful. president obama said in 2010 said in a fragile economy, we should not be raising rates. that's when the economy was growing at 3.5%. the economy today is growing at 1 minute 5%. i asked my opponent how raising taxes was going to help more people get employed, how it was going to help these small businesses who are struggling to make ends meet. frankly, there was no response. >> moderator: do you believe tax cuts for the wealthy stimulate the economy? schneider: i stand with the president that we should keep tax rates for all earners under 250,000 where they are. but we have a fiscal imbalance. we need to address that. by raising the tax rates, going back to the tax rates of the 1990s where we had a growing economy, we were creating 23 million jobs. the congressional budget office looked at the plan to go back to 1990 rates on income over $250,000, they said it would reduce our net debt over ten years by almost a trillion dollars. that's a significant step in b
is the target here? is to target our oil industry were generally? or is that our economy? second, what type of attack are receiving? it clearly seems to be a information, but it's a disruption are moving towards a destructive attack or assets are actually being destroyed? third, what are the consequences of this attack? is it just limited to the single company quiet is it going to affect our economy, ultimately affect our national security by undermining armed forces to respond or other ways. i'm forth, what is the source of the attack? is this a group of independent heart or his? is a terrorist group or a nation state? as they get the answers to each of those four questions, you will see, is this going to move from homeland security, criminal activity towards national security activity. if amiss in that direction honestly the department of defense cybercommand becomes more central. if it stays more on the home and security was so playable combat is clearly clearly a supporting role. so that's the way research look at it. >> perfect. let me tell you, payback is on the move. it is day two. q
. there are people -- when the economy changes could impact us? c.'s, but right now it is not impacted our recruiting and it is does not impact their quality operational and it is not impacted us. >> general, you have been in the job for a little over a year now. if things go right you have three more years to go. i know much of the decade before you took this job you were not in the middle of the night waking up saying what would i do to achieve and you have those things on your mind. what has surprised you the most? >> well, i think, i guess i have to be careful because i was the commander in iraq. i had the freedom to make some pretty significant decisions and my freedom is not quite the same here in washington. [laughter] that is probably one of the biggest adjustments i had. i realize it did not have completed tom and me but i knew that but it took me a while to really understand it. i think the real challenges that we have is that we have this large organization that has to go through some very significant change and it's about some of the things -- same things they faced, but a vision of chang
Search Results 0 to 5 of about 6